Old Westport Sublease

Old Westport

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,590
As of: July 23, 2017

Old Westport Rates

Most listings are in the $10's per square foot per year. The Old Westport region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.

Compared to the rest of the Kansas City market, the Old Westport region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Old Westport Listing Supply

In the last 90 days, 20 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available space in the Old Westport are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,590 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1940 and are Class B.

Old Westport Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Old Westport folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Old Westport.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Westport.
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